French satellite operator; third-largest by revenue, with OneWeb as a key subsidiary.
Isar Aerospace has reached orbit on its second Spectrum flight and has deployed small satellites, making it the first purely commercial European launcher to do so. The success has prompted company plans to scale production and expand launch capacity as European governments and private firms ramp up investment in sovereign space capability.
Jio Platforms has launched a 302 billion-rupee IPO at a price band of 1,065–1,119 rupees per share to repay telecom debt and fund cloud, satellite and AI plans. Global funds and 212 anchor investors have backed the float, and institutional bids have far exceeded allocated shares as India’s equity market has been weak this year.
Ukrainian defense sources have disclosed a disruption to SpaceX’s Starshield system, the military version of Starlink, affecting drone operations and front-line logistics. Officials say speeds above 100 mph were restricted, with some units experiencing cutoffs at 45 mph. By Thursday, services had largely resumed, but the incident highlights Ukraine’s dependence on SpaceX and the challenge of diversifying communications amid escalating tensions with external powers.
SpaceX’s CEO has promised to give one SpaceX share to every American child next year, signaling a broader plan of repeated gifts. Separately, Starshield is described as government-owned and controlled, with speed and use limits being set by the US military and the president, while Starlink remains under SpaceX control.
Ukraine has reported that Starlink and its military-grade Starshield service have resumed pre-restriction speeds after days of limits that capped connectivity for objects moving above about 160km/h. Kyiv said monitoring systems now record stable connections above 400km/h. Washington, SpaceX and Elon Musk have each denied clear responsibility for the throttle that disrupted drone missions.
SpaceX’s Starlink and Starshield throttling in Ukraine has heightened tensions with Kyiv and lawmakers, while Ukraine accelerates plans with Nokia, ICEYE, and Nordic partners to build sovereign comms capabilities and reduce dependence on SpaceX. EU IRIS2 and rival services loom as policymakers demand accountability.